Introducing The Carolina at 4929 Reiger Avenue in Dallas, TX. This 38-unit multifamily property is in the sought-after East Dallas market. Renovated in 2015-2017, the two-story brick building offers a mix of studios and one- and two-bedroom apartments equipped with modern features like recessed lighting, stainless steel appliances, laminate wood flooring, and several units with in-unit laundry options. This property offers excellent value-add potential through increasing rental income. Situated on one acre of land, the property has gated parking with covered options. With a prime location providing convenient access to Dallas, this turnkey investment opportunity is complemented by a recent chiller system replacement in the past 2 years. The Carolina is offered at a price point below what it would cost to build today - only $133 a foot. It is a perfect opportunity for an investor seeking strong rental demand or a strategic location.